Business, 17.12.2020 23:40, JvGaming2001

A company is selling used office equipment for $12,000. They purchased it 2 years ago for $50,000. It was expected to have a useful life of 5 years. They use straight line depreciation. What is the gain or loss on the sale

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A company is selling used office equipment for $12,000. They purchased it 2 years ago for $50,000. I...